A RESOLUTION OF THE MAYOR AND TOWN COUNCIL OF THE TOWN OF CUTLER BAY, FLORIDA AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $3,100,000 TAXABLE CAPITAL IMPROVEMENTS REVENUE NOTE OF THE TOWN OF CUTLER BAY, FLORIDA FOR THE PURPOSE OF FINANCING A PORTION OF THE COST OF PROPERTY PURCHASED FROM GCF INVESTMENTS, INC, AND PAYING COSTS OF ISSUANCE OF THE NOTE; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF A LOAN AGREEMENT WITH TRUIST BANK; AWARDING THE NOTE TO TRUIST BANK; PROVIDING FOR SECURITY FOR THE NOTE; PROVIDING CERTAIN OTHER MATTERS IN CONNECTION WITH THE ISSUANCE OF THE NOTE; REPEALING ALL RESOLUTIONS OR PARTS OF RESOLUTIONS IN CONFLICT HEREWITH; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.

Committee

Town Council

Requested by

Town Manager's Office

Introduced

September 18, 2020

On agenda

September 24, 2020

Passed

September 24, 2020

Enacted

September 24, 2020

Enactment no.

RES 20-56

Where it was heard

Town Council Sep 24, 2020 adopted Pass